Forsys Metals (TSE:FSY) Sets New 52-Week Low – Should You Sell?

Shares of Forsys Metals Corp. (TSE:FSYGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.41 and last traded at C$0.43, with a volume of 161185 shares changing hands. The stock had previously closed at C$0.47.

Forsys Metals Trading Down 8.5 %

The business’s fifty day simple moving average is C$0.56 and its 200 day simple moving average is C$0.61. The stock has a market cap of C$86.14 million, a price-to-earnings ratio of -19.08 and a beta of 0.86.

About Forsys Metals

(Get Free Report)

Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.

Featured Articles

Receive News & Ratings for Forsys Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forsys Metals and related companies with MarketBeat.com's FREE daily email newsletter.